So we should NOW go with what your saying just a few hours after you go off the edge of the cliff unhinged and tell everyone to sell everything and close their accounts because you were doing it? This is more and more like a cartoon carnival it seems.
True, but I did the same thing and felt like doing it yesterady honestly. You never know...what if we had the 1929 / Black October etc. crash today? I was also thinking the elite may get pissed and pull the plug today and leave us all hanging. I'm ok with liquidating. I do see fire sales right now, but just waiting until Mon/Tues and still in AMZN plays for next Tuesday's earnings.
he did tell us all he was going out drinking last night..... first thing I thought of when he said "pull everything" this morning. lol. he may or may not have had a clear head this morning. I chose to stay in.
Was he not right? stocks are slashed across the board today, saved me 30% for sure... gained a good amount off of BYND puts for that 7 dollar move to the downside. You must be holding longer dated contracts with decent entries then?
he literally just said he thinks the market is going higher. and yes of course he was right that the market was down. the market was down when he said pull everything! that is like me looking at the clock and telling everyone it is noon when it is in fact noon. hey guys the suns out... everyone looks in the sky and sees the suns out.
Pulling his option trades yes, the ETF is still in trend. I understand this as well, short term fall is imminent though imo. If spy doesn't go higher on a 373 retest, then I am swinging my puts until wednesday.
I honestly thought he was pulling them bc he was angry with ameritrade. I thought he was being irrational and so I stayed in and bought the dip... I did not buy any puts. have only sbux calls though. I think he said once it is really rare for the stocks to sell off on a Friday and then continue through Monday? idk... maybe im making this up.
Well, I remember a while ago he said be careful on buying dips friday because USUALLY stocks start higher on Monday but don't count on it. But there were beautiful dips today to buy, GL with your positions. I also believe he's talking about the outrage of traders also emptying their positions because of trading restrictions while wallstreet may still trade the restricted stock.
Hi Gregory, thanks for introducing me recently into the Trades halfway thru' a tough 2020 (certainly not the year of 2020 Vision from our politicians following THE GREAT RESET agenda). Your insights & that of Gerald Celente have been beneficial. We need your place on eToro. You would get a ranking like Jaynemesis.
On Mon of this week, I was up over 87% of the AAPL calls. I knew I should have sold, but got greedy due to earnings and was bullish. Took out a ITM call on AAPL right before eaernings on a big position. Lost big time on all calls. Was up around $10k before earnings, and then after lost over $20k. WHat I learned this week and going forward is that I will not be holding anything over night anymore. This thing is so rigged, I just want to get in and get out. I also don't care to hold any long term stock positions. Why? It's so rigged...just swing trade, that's it. Put my $ into some investment properties cash flow. The game is rigged. If you have children, just take out some life insurance policies on yourself if you want to pass down...this game isn't worth it. I do expect a stock market crash this year...it doesn't sniff right to me.
I think all brokerages are somehow involved with hedge funds or the bigger names in the industry. I just imagine that my margin account is funded by someone and if you multiply that by the millions of people with margin accounts, who is fronting that money for a margin? I don't think there is a brokerage that we're going to find that isn't somehow tied to a larger more powerful entity.
If we trade, we are stuck with what we have (td ameritrade, Robin hood, etc.). Taking them to court over this is our best option.
You bailed out of all your positions and ignored your own advice. Trajectory higher, remember? And the 10 year yield has not spiked signalling any sort of bond sell off. Get back in, Greg. Wear a diaper if you have to.
he did not say he was entering them. he said that he is looking for a new broker but he thinks those stocks look good if we are looking for new trades.
We are seeing unprecedented volatility in GME, AMC, BB, EXPR, KOSS and a small number of other U.S. securities that has forced us reduce the leverage previously offered to these securities and, in certain instances, limit trading to risk reducing transactions. IBKR currently has no restrictions on trading shares in those companies, and customers can open or close positions in those shares. Like many other brokers, IBKR placed options on certain of those stocks in closing only earlier this week. The plan is to lift those restrictions in an orderly manner while closely monitoring market conditions. To be clear, IBKR has not restricted clients’ ability to close existing positions in any of the U.S. securities subject to market volatility, and does not plan to do so.
The limits IBKR has placed have applied to all customers and were not limited to “retail clients” or any other group.
Greg, this was posted on "WSB" on Reddit a few hours ago, It stated "Days to cover or short ratio, measures the number of days to close out a company's issued shares that have been shorted. "even if Melvin Capital wants to cover their shorts, it's going to take them most of next week to cover their position" . CNBC and corrupt media will fool you into thinking Melvin Capital has already covered their shorts, but don't believe it. It takes DAYS to do so! Do you believe this? And if the hedge funds explode could that cause a major chain reaction?
So we should NOW go with what your saying just a few hours after you go off the edge of the cliff unhinged and tell everyone to sell everything and close their accounts because you were doing it? This is more and more like a cartoon carnival it seems.
Liquidating positions for a loss and frantic brokerage dumping seems like a bit of an overreaction
True, but I did the same thing and felt like doing it yesterady honestly. You never know...what if we had the 1929 / Black October etc. crash today? I was also thinking the elite may get pissed and pull the plug today and leave us all hanging. I'm ok with liquidating. I do see fire sales right now, but just waiting until Mon/Tues and still in AMZN plays for next Tuesday's earnings.
he did tell us all he was going out drinking last night..... first thing I thought of when he said "pull everything" this morning. lol. he may or may not have had a clear head this morning. I chose to stay in.
Was he not right? stocks are slashed across the board today, saved me 30% for sure... gained a good amount off of BYND puts for that 7 dollar move to the downside. You must be holding longer dated contracts with decent entries then?
he literally just said he thinks the market is going higher. and yes of course he was right that the market was down. the market was down when he said pull everything! that is like me looking at the clock and telling everyone it is noon when it is in fact noon. hey guys the suns out... everyone looks in the sky and sees the suns out.
Pulling his option trades yes, the ETF is still in trend. I understand this as well, short term fall is imminent though imo. If spy doesn't go higher on a 373 retest, then I am swinging my puts until wednesday.
I honestly thought he was pulling them bc he was angry with ameritrade. I thought he was being irrational and so I stayed in and bought the dip... I did not buy any puts. have only sbux calls though. I think he said once it is really rare for the stocks to sell off on a Friday and then continue through Monday? idk... maybe im making this up.
Well, I remember a while ago he said be careful on buying dips friday because USUALLY stocks start higher on Monday but don't count on it. But there were beautiful dips today to buy, GL with your positions. I also believe he's talking about the outrage of traders also emptying their positions because of trading restrictions while wallstreet may still trade the restricted stock.
Hi Gregory, thanks for introducing me recently into the Trades halfway thru' a tough 2020 (certainly not the year of 2020 Vision from our politicians following THE GREAT RESET agenda). Your insights & that of Gerald Celente have been beneficial. We need your place on eToro. You would get a ranking like Jaynemesis.
On Mon of this week, I was up over 87% of the AAPL calls. I knew I should have sold, but got greedy due to earnings and was bullish. Took out a ITM call on AAPL right before eaernings on a big position. Lost big time on all calls. Was up around $10k before earnings, and then after lost over $20k. WHat I learned this week and going forward is that I will not be holding anything over night anymore. This thing is so rigged, I just want to get in and get out. I also don't care to hold any long term stock positions. Why? It's so rigged...just swing trade, that's it. Put my $ into some investment properties cash flow. The game is rigged. If you have children, just take out some life insurance policies on yourself if you want to pass down...this game isn't worth it. I do expect a stock market crash this year...it doesn't sniff right to me.
Hey Greg, you never mention anything about tankers, most of the stuff we trade is being shipped.
I was just looking at Frontline Ltd. (FRO) NYSE
Checking...looking in the Americas, tankers in other regions are getting ceased.
I think all brokerages are somehow involved with hedge funds or the bigger names in the industry. I just imagine that my margin account is funded by someone and if you multiply that by the millions of people with margin accounts, who is fronting that money for a margin? I don't think there is a brokerage that we're going to find that isn't somehow tied to a larger more powerful entity.
If we trade, we are stuck with what we have (td ameritrade, Robin hood, etc.). Taking them to court over this is our best option.
Im holding out for next week at leat maybe longer. i made out fat on the AMC deal
You bailed out of all your positions and ignored your own advice. Trajectory higher, remember? And the 10 year yield has not spiked signalling any sort of bond sell off. Get back in, Greg. Wear a diaper if you have to.
How are you entering new positions when you closed all of your accounts?
he did not say he was entering them. he said that he is looking for a new broker but he thinks those stocks look good if we are looking for new trades.
I just got this from IBKR:
Dear Client,
We are seeing unprecedented volatility in GME, AMC, BB, EXPR, KOSS and a small number of other U.S. securities that has forced us reduce the leverage previously offered to these securities and, in certain instances, limit trading to risk reducing transactions. IBKR currently has no restrictions on trading shares in those companies, and customers can open or close positions in those shares. Like many other brokers, IBKR placed options on certain of those stocks in closing only earlier this week. The plan is to lift those restrictions in an orderly manner while closely monitoring market conditions. To be clear, IBKR has not restricted clients’ ability to close existing positions in any of the U.S. securities subject to market volatility, and does not plan to do so.
The limits IBKR has placed have applied to all customers and were not limited to “retail clients” or any other group.
Greg, this was posted on "WSB" on Reddit a few hours ago, It stated "Days to cover or short ratio, measures the number of days to close out a company's issued shares that have been shorted. "even if Melvin Capital wants to cover their shorts, it's going to take them most of next week to cover their position" . CNBC and corrupt media will fool you into thinking Melvin Capital has already covered their shorts, but don't believe it. It takes DAYS to do so! Do you believe this? And if the hedge funds explode could that cause a major chain reaction?
Greg, you give your followers your trades then when things go sideways you give this headline.
Horrible...this was a CYA moment.
I have it.
I have reqd three times already so good